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, that's where obam will be tough on romney saying he wants to give tax cuts to the wealthy and to voucherrize medicare. romney will say he is the defender of the middle class. one thing both sides say this, could get heated tonight. >> we go to jim lehrer of pbs, moderating this debate. >> jim: i'm jim lehrer. i welcome you to the first of the 2012 presidential debates, between president barack obama, the democratic nominee, and former massachusetts governor, mitt romney, the republican nominee. this debate and the next three, two presidential, one vice-presidential, are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15-minute segments, with two-minute answers for the first question. then open discussion for the remainder of each segment. thousands of people offered suggestions on segment subjects or questions via the internet and other means. but i made the final selections. and for the record, they were not submitted for approval to the c
romney tax plan? >> it increases take-home pay, middle class family, $2,000 extra in their take-home pay, and more importantly it reduces the price of doing work, being productive and taking risks. lowering that price, lowering tax rates. that's the way to get the economy going. worked for kennedy, for reagan, worked in the early part of the last decade. it will work again. >> we have to do something. since the recovery began, by the way, june 2009, household incomes are down 5.7%. that's since the recovery. when you're in a recovery, incomes are supposed to go up. >> yeah. what's disstressing and concerning is, at this point i don't know what governor romney has in mind. he's been saying all along he'll reduce taxes and shows up in ohio -- >> reducing tax rates. >> he shows up and says don't expect a huge tax cut, because what he's doing is lowering deductions and exemptions. great. i wonder if somebody will get around to telling me what those deductions and exemptions are that he's going to lower. he's been running for president for seemingly half a century and none of us know
: we need our competitiveness back, we need better regulation, better tax policy, better way to grow the hell out america. >> thank you very much. which will win out? today's jobs numbers that could be a positive for the president? or wednesday's debate where governor romney appeared to gain the upper hand? real clear politics keeping track of it all. tom, thank you very much. we have two conflicting numbers, the post debate romney surge and this morning the jobless number that looks like president obama is going to use on the campaign trail. which is more important to the membership? >>guest: that is a great question. the debate was important for the romney campaign. we have had bad job numbers now for months upon months leading up to this and they never affect the members. you can make the argument that despite the fact that rebound got a good jobs number, a good unemployment rate ticked down in the unemployment rate that may or may not impact the numbers. >> post debate there is indication, we have scott rasmussen coming up later talking about the polls, post debate happens now, i
tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that's all well and good, brenda and we know that's going to cost millions and millions of dollars, but that's not how the economy works. >> gary b, it's spending more, what does that do to the debt? >> well, brenda, he tries to get up, up, up. when i went to work for ibm 30-odd years ago, the government didn't teach me how computers work. bem caught me. rockefeller's oil company taught people how to drill for oil and gas and the third thing that strikes me that's not going to work. he wants to double manufacturing jobs, increase manufacturing jobs, that's fine, but why does the manufacturing get the benefit of government largest, why not the financial sector, oil and gas, all of this stuff drives the debt sky high and we kn
team coverage tonight. jim angle has a fact check on last night's most heated issue, tax policy. ed henry has the obama campaign reaction. and we begin with carl cameron on the first debate. good evening, carl. >> hi, brett. the romney campaign could hardly be more excited about what happened last night. in fact, since the debate ended, they say they've been getting two donations per second as a measure of mitt romney's success the morning after is general election debate debut against the president, mitt romney made a surprise appearance to a thrilled and leaved audience of conservatives. >> last night i thought was a great opportunity for the american people to see two very different visions for the country. >> he reiterated a new attack. >> trickle down government that the president proposes is one where he will raise taxes on small business, which will kill jobs. i instead want to keep taxes down on small business so we can create jobs. >> romney awoke to rave reviews across the country and democrats admit he delivered. >> virtually everything you said about my tax plan is inacc
into a such a deep hole and everyone wants to avoid tax, tax, tax, we can't. yes, they've got it cut it, and going to have to do financials, we don't want to do it, we've got to. >> neil: i'd like to disagree with that, but (laughter) >> mr. gasperino? >> and we don't have to raise taxes right now. it'd be a dumb thing to raise taxes, in the middle it looks like we're headed to a double dip recession. >> neil: you think that. >> you look at the numbers and the business round table and look at the latest gdp numbers and consumer spending and i don't criticize ben bernanke for doing what he did with qe three, primarily the numbers look bad-- >> of aalways been in the-- >> and i tell you, never criticized, one you've never criticized. >> neil, neil, this is the only thing left. if you don't have-- >> come on, i think you doth protest too much. dagen. >> i think what ryan says does ring true. because obama care and the bowles simpson panel completely off the table. medicare don't touch it. medicaid, do ent touch it. in fact, paul ryan did work with alice rivlin on something like proposed for medicare
in denver. joe biden admits, he wants to raise your taxes by trillions. >> ooh 'bama and biden want to raise your tax by $5 trillion. guess what? yes, we do. >> sean: and the real obama is exposed as another disturbing tape emerges from his past. we have it tonight. plus, a special edition of media mash. we investigate race and politics. we are 33 days away from election day. "hannity" starts right here, right now. welcome to "hannity." the consensus is in. governor mitt romney was the decisive winner in last night's presidential debate. in just a moment, i will be joined for an exclusive interview by both governor romney and his runningmate, congressman paul ryan. even the most left-wing observers have conceded that their candzidate bombed without his teleprompter last night. obama aides are trying to pin it all on mitt romney. believe it or not, they are accusing the governor of lying. of course, they are the ones that are. watch this. >> again and again and again, he told the story to the american people that is completely... in contrast with what he said before and unfounded in fact. and
and tax policies to get small businesses funding, make sure we are open for business and we can get production and manufacturing back here and get people back to work. it is important to talk about that after a revision of the g.d.p. numbers in the second quarter down to 1.3 percent. that is below anemic. we are not out of the fiscal woods yet. >>neil: we talk about economic numbers. you preferred to the g.d.p. data. just today, congressman, we had surprisingly strong growth in private sector numbers that may or may not mirror what happens on friday, a gain of 162,000, but, all of this is on the same day a number of companies are were watching that things do not look good and there could be an earnings recession. what do you think is the real state of the economy right now and what mitt romney has in his position tonight? >>guest: the most important thing is mitt romney needs to show that the president and his previous budget that he has proposed with trillions of dollars in new taxes only does one thing: it grows the debt. it does not do anything if the deficit we have had. you giv
round of stimulus and higher tax returns rates on job creators. we are offering specific reforms. strengthen social security. grow jobs. have an energy policy that unleashes american energy and has energy independence. >> chris: the fact that the message hasn't gotten through as effectively as it could so far is, that your fault, the romney campaign fault report voters' fault? >> it is not the voters' fault. i think the president has done an effective job of trying to confuse the issue and distract people. i don't think that is going to work. >> chris: do you take any responsibility? >> we going to pros is cute the campaign in the way that we always planned which is we will tiv this country a very clear choice. do you want stagnation and dependency or growth and opportunity? the problem is not everybody knows our five point plan for a stronger middle class. not everybody knows that we have the solutions that will get people better job security. >> chris: let's talk specifics. >> no matter how many times they tell you they will start talking specifics really soon they don't do it
of the unemployed and the poor. that is where a flat tax comes in. it allows attraction of the capital abroad. sam nunn was correct, you have to cut government spending. that has to happen, especially entitlements where you pay people not to work. there are other ways of bringing the debt down. cool ones. for example, how about a federal state, local, tax amnesty program? there are a lot of people in the underground economy that would be brought above ground with amnesty program. i estimate a federal, state and local tax amnesty program would raise about $800 billion in 90 days. you can also sell some assets off. camped person -- camp pendleton is 500 square miles in california. why not sell it? >>neil: my point, when you say it is too big to handle, you are missing the point, you cannot cut $16 trillion debt but you can boom your way from it. we are losing sight and what bill clinton learned in 1993, 1994, if you present a plan that looks credible like you want to reverse the direction, sometimes that creates a boom in and of itself and inspires confidence in the market that has little confidence
freedom. trickle down government that the president proposes is one where he will raise taxes on small business which will kill jobs. i, steady, want to keep taxes down to create jobs. >>reporter: sunday morning chris christie thought the campaign would be turned on his head and got flak but chris christie was right. >>trace: the romney campaign is portraying the race as a very stark choice between the two candidates. >>reporter: highlight the differences. they got help from moderator jim lehrer who said several times we are very clear that there are very stark differences between the two of you. governor romney tried to make this a referendum on obama but that was not going anywhere so the big choice highlighting on the different issues from taxes to spending and the deficit. >> only in washington would you count $4 trillion of reduction when, in fact, the plan called for adding $1 trillion of debtry one of the next fur years. i think that is wrong. we should instead take a course represented by free democrat to get america to cap our funding, cut our spending and get us on track to a
detailing massive waste of tax payer money leading to the resignation of a top veteran's affair official. stepping down after the inspector general report revealing last year costs $6.1 million. >>> some of you i know are wondering what someone like me is doing in a place like this talking to people like you. what i don't know -- >> this spoof of the movie patton was produced just for that event. it had a price tag of 50,000 dollars. in addition the conference org nierzs gave themselves 43,000 in bonuses. an amtrak train derails after it collides with a tractor trailer. 20 people were hurt. the train was headed from oakland to bakers field that's when the truck through right through the gate. passengers were tossed around including a new born baby. >> the seat in front of us was ripped out and fell on top of him. i had to lift the seat up and i found him in his car seat. >>> a thank goodness none of those were life threatening. crews hope to have it up and running soon. >> 8 planes were pulled out of commission to inspect them. the plane forced to turn around and then return back to new
. these guys have been in ohio and they should start paying income tax. this thing is as close can be they both wouldn't be here. i expect this to go down to the wire. we are always a swing state. it will be very close. >> paul: so the democrats are saying one of big things that is helping the spent the auto bailout. is that how you lead to to help the president? >> look, we're up 123,000 jobs over the last year and three-quarters. we're actually according to the bureau of labor statistics down 500 jobs, auto jobs in ohio. the situation. chrysler has expanded and ford and gm have shrunk their footprint but we stabilizing. auto industry out here. of the 123,000 jobs, most of them, biggest categories are business services and healthcare. we are having specialty manufacturing rebounds but it's hard to argue in fact the bureau of labor statistics we are down net 500 jobs you can attach that to why we are up 123,000 and ohio is actually doing much better. >> one of your colleagues, speaker john boehner had something to say about the race in ohio. i want to get your reaction to it. >> one of the thin
a chance to explain what would happen to your taxes they were in charge. >> the question is not where we have been but where we are going. >> it's going to take a different path, not one x have been on, not the one the president described as a top down cut taxes for the rich. that not what i'm going to do. >> it's not possible to come up with enough loopholes for individuals to avoid raising the deficit or burdening the middle class. >> there will be no tax cut that adds to the deficit. >> i will take ideas from anybody, democrat or republican as long as they are advancing the cause of making middle class families stronger and giving opportunities to middle class. >> i have got five boys. i'm used to people saying something that not always true but repeating it hoping i will believe it. i will not reduce the taxes paid by high income americans. >> we do better when the middle class is doing well. by giving them those tax cuts they have more money in their pocket so maybe they can buy a new car. >> under the president's tax policies middle americans have been buried. they have been crushe
but not your own facts. >> 1 months you've been running on this tax plan. now, you're saying big bold idea is never mind. the fact is that if you're lowering the rates the way you describe, governor, then... it is not possible to come up with enough deductions only affect high income individuals to avoid either raising deficit or burdening the middle class. does anyone out there think that the big problem we had is that there is too much oversight and regulation of wall street? because if you do, then... governor romney is your candidate. >> don't forget, you put $90 billion, like 50 years worth of breaks into solar and wind. to sole lynn dra and fiskar and tesla. i had a friend that said you don't just pick binners and losers, pick the losers. and carl rove joins us. let's go to the issue of undecided. jump in there. those at least watching. >> well, we're likely to see a bump out of this. not much of a bump but a little bit of a bump. first debate is most important of the debates and this typically the winner that gets a point two points out of the debate. there is a close race like this
plan for high school kids? what do you like about it? >> everybody pays taxes, whether they own a home or not, whether they have children or not, everybody pays for education, and every year they get worse education and it costs more. we've dumbed down our school program to rush kids through the system. why not do it the other way? why not had let the achieving kids rush through the system and get away from this burgeoning ed accuracy? beyond that, we're spending money on things that aren't being productive for our economy. let these achieving students, send them the message that if you achieve you will be rewarded. the idea we're going to get any of this taxpayer money back is kind of a mirage. taxpayers never get any money back. it will move on to the next boondoggle. i think it's a good idea. >> half of property taxes go to schools to be fair. tracy, the kids issue, you can get them out of your house two years earlier. what do you make about that? >> you know what, the money issue to me is separate from the academic development issue. i don't think these kids should be rushed
. governor romney says he would bring relief to the middle class. >> i don't have a $5 trillion tax cut. i don't have a tax cut that you're talking about. we should provide relief to the people in the mid class. high income people are doing just fine in this income, they'll do fine whether you're president or i am. the people having a hard time right now are middle income americans. under the president's policy middle income americans have been buried, they are being crushed. jon: mr. obama with this argument. >> the fact is that if you are loring the rates you describe, governor, then it is not possible to come up with enough deductions and loopholes that only affect high income individuals to avoid either raising the deficit or burden evening the middle class, it's math, it's arithmetic. jon: today it's back to the campaign trail. mr. obama in denver, and then to wisconsin. governor romney is in virginia where the most recent "real clear politics" average shows president obama leading with 47% of the vote, governor romney with 44. virginia has 13 electoral votes up for grabs. that's wher
in new defense spending that the pentagon didn't ask for. $5 trillion tax cut, future of the wealthy. >> reporter: the claim is complicated by the way biden framed the argument. >> how they can justify raising taxes in the middle class has been buried the last four years. how in lord's name can they justify raising their taxes? >> obama officials today insisted that was not a gaffe, biden clarified. >> the middle class was buried by the policies of romney and ryan supported. >> republicans like rubio are off to the races. >> those happen to be the words that the distinguished vice president of the united states mr. joe biden. no, don't boo. he is the best thing we've got going, guys. >> reporter: now denver has always been big for this president. in 2008 is where he launched the hope and change in front of the great columns of the democratic convention. 2009. this is where he signed the stimulus in law. tonight, he puts it all on the line trying to make his case for a second term. bret? >> bret: ed, thank you. experts will tell you the challenger often gets a slight bump in the polls
failure economically hurts everybody. the degree to which he is piling up debt, which is absorbing tax money that could have gone to school, health care, now it will pay interest on the debt, that hurts everybody. in many way, it is almost sad to look at the speech and realize the degree to which he has failed to achieve any of the goals he implied were his goals in 2007. >> greta: he did say he was going to get health care. that, he did do, whether you like it or not. but one thing, you speak about the debt, what he said -- and he was rather sarcastic about politicians in this speech. what he said, in part, don't worry about trillions of dollars in debt, someone else will pay. he was being sarcastic about politician who is have no concern about the debt. now, you fast-forward to now, in the last 3 years, $1.3 trillion and nobody -- he is want working on t. capital hill is not working on t. we are return running up the debt. we have no idea with sequesterations and the tax cuts. this is what he promised in 2007 as a candidate. he thought it was important then? >> i look -- i think this
what other governors have done, reduce taxes, regulation, do what perry has done. he taxes low. reduce regulations. streamline permitting, and like business people. >>neil: you are dismissing this argument, but, if you follow this out by sting, governor, say the president is re-elected and and it hangs on swinging states like yours where you have implemented policies that are not the president's policies but the mirror opposite. any lesson here for the president if he is re-elected over, then, the policies you would recommend? in that event? >>guest: well, whoever is elected i am hopeful for american families they will reduce taxes we cannot have the highest corporate tax rates and expect businesses to flop to america or per regulation and expect businesses to flop to america. >>imus: what on the tax thing when mitt romney said last week i will lower taxes but it is not what it seems, i will take away a lot did yous and exemptions and people thought, well, maybe you are not all we thought you were, and he got in trouble >>guest: we are competeing. our businesses are competing with busi
' goal on a trillion dollar tax hike on those making more than 200,000 a year or family 250,000. >> people in the middle class has been squeezed or buried as the vice-president said. and romney's remarks, inelegant. 47%, he renounced it once and for all. >> completely wrong and i absolutely believe, however, that my life has shown that i care about 100%. >> and hoped with those remarks, romney would lay those to rest and close the door on that. to prevent that the democrats were pumping out attack ads to keep it very much. >> bret: carl cameron, on your last point, almost everyone talking about wednesday's debate says mitt romney did pretty well or won, but how he won, that's the question, as carl mentioned, that has entered the post debate spin cycle. >> governor romney may dance around his positions, but if you want to be president, you owe the american people the truth. >> stretching the truth or worse, that's how mitt romney won the debate. it's now a familiar refrain from democrats. echoed by sympathetic media outlets. >> i give him credit for a strong performance. i gi
tax plan without blowing up the deficit or sticking it to the middle class. that's the math . we can't afford to go down that road again. >> steve: so the day after his terrible performance even the new york times called him president xannex. they have gone in damage control mode . they were portraying romney as an extremist and now back to romney is a flip-flopper and a big fact liar . >> brian: i thought the senator was right when team obama got a earful. the strategy was to lay back and not make major mistakes. governor romney will be a true choice. he defined himself as competent and capable . he was making himself relevant and holding the job. that's what you walk away . he undid over two million worth of advertising. >> gretchen: he had a answer about the five billion, trillion argument that the president said. he said that is not my tax plan. and you can see the difference when they are on a stage together going after each another and back out on the stump. on the stump you can say whatever you want. these are people supporting each cand date. this is a moment romney respondin
trillion dollar tax cuts on top of two trillion in spending for our military. he is saying that he is going to pay for it by closing loop holes and deductions. the problem is, he's been asked over hundred times how you close the deductions and loop holes and he hasn't been able to identify them. >> romney firing back that everything president obama said was not accurate and the republican nom no took the president to task for the nation's struggling economy. and piggy backing on the vipe- vice-president comment. >> the people who are having a problem is the middle class americans. they are being crushed. middle income americans have seen their income come down. i call it the economy tax. it has been crushing. >> the cand dates will meet again on october caneth for debate number two. and up first, the only vice-president debate between the respect and paul ryan. >> that's the one we all want to see. thank you so much. >> the president and mitt romney not veering from their messages and taking every chance they could to hit one another on the policies. >> i know that you and your running mate
. >> they get to buy houses and pay taxes. >> they get to do a lot of things. i am proud of it. i have built a lot of great buildings and had success. i have taken care of a lot of families whether it's education or medical or whatever you want to say. i did work hard and i did build it. >> what does this say about his mentality, though? look at where we are in the ton tr country. >> that came out probably he wished he didn't say it. the truth came out. often times you will see that. >> that was one of the few times he was off prompt ter. oo ee may have been off tell pyrometer. people need to understand that's where he is all about and where he is coming from. >> we are going to spread the wealth around and you didn't build that. here's where you are economically. we have one in 6 americans in poverty. 5 million americans under employed. this staggers my mind. 49 million americans on food stamps right now in this country. the net worth of a person has gone down 40 percent in three years. the average home price gone down 35 percent. >> we owe $17 trillion a number you wouldn't think would be
taxes to the middle class has been buried the last four years. >> dramatic admission today about the president's first term from vice president biden. which gave republicans some predebate ammunition. though he charged bush policies are to blame. >> by the time we were elected they had eight years doubled the national debt. debt clock. doubled it. in addition to that, they had the slowest job private job growth since world war ii under this policy. >> another key debate topic, healthcare. romney is defensive about his massachusetts plan. today, the obama camp charged the promise to repeal the president's law will knock millions off the insurance. republicans are circulating a secretly recorded video of a recent meeting among local government officials here in henderson where the president is doing debate prep. officials discuss how implementing the president's law will cost city employees an extra $40 a month. >> a challenge beyond belief. >> in exclusive interview with fox in nevada, senator marco rubio says the video shows the issue will blow up on the president. >> that's the
to small company, drilling operators and so forth. but if we get that tax rate down to 25%, that $2 important 8 billion is on the table. that's probably not going to survive. but don't forget, you put $ninety billion, like 50 years worth of breaks into soular and wind, to solyndra, fisker, i have a friend who said, you don't just pick the winners and losers, you pick the losers. >> he was talking about the energy plan. president obama picking losers. we will get the simpson-bowles one. let's bring in the panel for analysis. brit hume and joe trippi. okay, brit. your thoughts? >> well, you are right, governor romney came out. he was aggressive. when do you that, you are always in danger of seeming rude or... pugneighbors. i don't think he d. -- bug -- pugnacious. high seemed to display extraordinary knowledgeability. i don't think president obama had a bad night in the sense that he was way off his game. he was a lot like the president obama we are used to hearing. i don't think he seemed rusty. but i don't think he had the spark or the energy or the precision tonight that governor r
is governor romney with sean manty last night. >> what i find so offensive about his tax plan, by raising taxes on small business, as he does, he will kill jobs. and right now, what america needs, as much as anything else is more jobs, more jobs more take-home pay. is the whole focus of my campaign. i know what the president's been campaigning on and saying about me is very different than what i actually am, what i actually believe. that is where the difference came. what the president has been saying and reality are pretty far apart. martha: that in the mix this morning. a lot to add into the picture. senior nothing correspondent john roberts is live from st. petersburg, florida, today. that's where we find governor romney. he will hold a rally there later today. what about the aspect of truth of issue in this campaign, john? >> reporter: oh, this is turning out to be a real battle between taxes and the truth, martha. let's handle taxes first of all. governor romney on the stump is insisting his 20% across the board reduction in tax rates would benefit and middle class and small business
. what about yours? what are the specifically the tax deductions you will take away from rich people? i don't think he will answer the question. >> andrea: romney cannot play it safe. if he plays it safe, forget the next debate. >> eric: romney has to play it safe. there are five topics. the first three are the economy, the economy, the economy. great news for mitt romney. lay it out. >> bob: what would it be? >> eric: lower, across the board, 20% tax cuts across the board. closing loopholes. lay it out. turn to president obama. if he has a chance to say we know yours don't work. look at what is going on. household incomes are down $4,500 per household. net worth down 30%. gasoline prices doubled. i'd do it for three blocks. >> bob: you think romney ought to lay out what the deductions are? >> dana: no. >> eric: you know, well, whatever. sure, why not, why not say here, we'll post loopholes on xyz. that's fine. it won't hurt. >> greg: we end up talking about loopholes all the time. mitt will lose. there are huge issues here. i go back to benghazi. you go to high unemployment. there is s
the tax increase. the president saying only 3% of taxpayers mitt romney said yeah but it happens to be where the jobs are. the president said can we change the subject? he said let's talk about something else. here is what is apparent. the president, you can see in body language, so uncomfortable talking about the economy, about debt and taxes. he doesn't understand it. i think for -- he just doesn't understand how jobs are created. >> sean: i tweeted that out tonight. he doesn't understand economics 101. >> and the only thing exposed tonight that you stand up and say yes, someone is doing thchl the president's attacks against republicans is built on a bunch of myths. this whole thing about we have tax credits to send jobs overseas mitt romney saying i've been in business 25 years very no idea what you are talking about. the president had no come back for that. >> sean: he kept saying well this is bill clinton's plan. bill clinton hasn't been president for four years. and romney kept going back to one in six americans in poverty. and 15 mill yn on food stamps. four years you have
so you can decide. >> steve: president obama raising taxes is the only way to dig america out of the ditch. >> it is not possible to come up with enough deductions and loopp holes that affect only high income individuals math. it is aryth metic. >> steve: really. governor romney said cu. >> brian: this might ease your fears. free flightts to leave the country if your guy goes down. "fox and friends", we are up and we are on right now. ♪ ♪ "fox and friends". >> congratulations to you mr. president on your anniversary. i am sure this is the most romantic place you can imagine, here we me. i like pbs and big bird and you, too. i will not spend money borrowing from china to pay for it. >> american people have to ask is the reason governor rum rhumb all of the plans because they are too good. >> look, i have five boys, i am used to people saying something that is not always true and keep on repeating it and hoping i will believe it. that is not the case. a friend of mine said you pick losers. . you are ened to your own plane and house. >> two minutes is up. >> i had five second
headlines. >> we have been talking about tax megeddon at the end of the year when the tax cuts are set to expire and every american would feel it in some form or fashion. now, forget the american tax megeddon, it looks like a global tax megeddon if the united nations gets its way. >> this was discussed at the u.n. general assembly. probably not likely to be instituted or supported by the united states who is already the biggest contribute ter to the u.n. over 20% of the u.n. budget. here is what has been proposed. a 1% tax on billion nargs around the world. a tax on all currency trading in the u.s. a tiny tax on all financial transactions. >> how tiny? >> not sure. >> new taxes on carbon emissions and on airline tickets. this has for the past year these ideas have been bandied about and the overall overarching goal would be to help transfer money from richations like the united states to poor developing countries. now, what's interesting is that this would be entered into the actual record of what was discussed discussed it at t. when foxnews.com reported on this. they were suddenly se
to raise the 45%, the cayman islands and the tax return and the bain capital, obama was basically conceding that those are not legitimate shots. how can you spend $200 million advertising to push these facts and then when you confront the guy, you don't mention them? >> greta: you see -- i actually thought that that was smart because he looks like he is above this. that he is more presidential. and he leaves the dirty work to somebody else and doesn't have fingerprints on it, if they are done in campaign ads and certainly, pac ads, rather than his own campaign. >> that's the point, greta. it's the president says this is not worth dignifying and making it an issue, this is not worth the dignity of a presidential race, how are people going to vote based on it? it's dismissing the importance of your own campaign by not alluding to it. i think the final thing is that romney put obamacare back on the map in this election. this election was all about the economy. now it's about the economy and obamacare. and particularly the health care rationing board. i think that was very effective. i think th
administered by a treasury chief who didn't pay his taxes for which we will be taxed for four years before any benefits take effect by the government which has already bankrupted social security and medicare all to be overseen by a surgeon general who is obese -- [laughter] and financed by a country that's broke. [laughter] megyn: well, there you have it. or do you? joining me now for a fair and balanced debate, dr. marc siegel and stanley hepfeld who's a hospital ceo, also the author of "political malpractice." gentlemen, thank you both so much for being here. so, you know, they say -- people who don't like obamacare say that doctor and politician summed up the problems with obamacare brilliantly in one sentence. i assume you agree, dr. segal, but the she is whether -- the question is whether there's anything that could happen tonight that would be a game changer on an issue you find very problematic. i mean, health care's sort of been forgotten about since the supreme court upheld the law. >> well, megyn, i'll add one game changer here. you might say that doctors are a special interest group
i find so offensive about his packs plan is by raising taxes on small business he will kill i don't knows. what america needs is more jobs more take home pay. that's the focus of my campaign. i know what the president has been campaigning on and saying about me is different than what i actually am what i believe. that's where the difference came. what the president has been saying and reality are pretty far apart. >> before that hannity interview aired mr. romney running mate paul ryan and trace atkins all rallied where he trailed by 3 and a half points in the real clear politics average of polls. the campaign says 10,000 people showed up to see the gop nominee for the first time since his strong debate debut. the president went to wisconsin yesterday afternoon where he is up 7 and a half in the polls. he drew about 30,000 folks from the university wisconsin in madison and started trying out new lines related to things romney said on wednesday. >> when he was asked what he would do he said he would eliminate funding for public television. thank goodness someone is finally getting
of europe. france's new socialist government unveiling plans for a 75% super tax. stuart varney host of "varney & company", fox business network. glad you're happy you left 35 years ago. what's up? >> germany is telling france hey, you got to get that budget deficit under control, big budget deficit is verboten the socialist president of france, francois hollande, tax the rich, not so rich, capital gains, profits, you name it, there will be a big new tax. on upper end of income every dollar over a certain level the french government will take 75 cents. rip it right out of your hand. 75 cents on the dollar. more than $200,000, they take 45 cents on the dollar, almost half. bill, this is a massive gamble because france's economy is dead flat, teetering on recession. 10-year high for unemployment and france puts in place huge tax increases. bill: i'm reading the two measures bringing around half a billion euros. >> that's it. >> what will that do for them? >> not much. there are other taxes as well which will bring in a total they think of 20 billion euros. bill: higher tax rates on div
nations. a lot them are pretty stupid at the united nations. they can tax your patience especially when they tax your wallet. are you ready ? share everything by turning your smartphone into a mobile hotspot for up to 8 wifi-enabled devices at no extra charge. like the new droid razr m by motorola only $99.99. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why
will not reduce the taxes paid by high income americans. >> bill: that was a scripted line but the governor delivered it well. on the other side, president obama's best line mocked romney over the vagueness of his tax proposals. >> at some point, i think the american people have to ask themselves, is the reason that governor romney is keeping all these plans to replace secret because they are too good? is it because that somehow middle class families are going to benefit too much from them? >> bill: again that was a scripted line. the president didn't deliver it with much verb. >> the president the is a good debater and public speaker we know that the mistake he he made last night was coming off as a boring college professor. he simply droned on and on about people he met in kalamazoo or some place, who had a tough deal going on. instead of making dramatic points, the president meandered. and i couldn't believe -- i couldn't believe that mr. obama didn't even bring up mitt romney's 47% remark. what happened to that? by saying he thought 47% of americans wouldn't vote for him because they ar
us more tax increases and more regulated debt. >> eric: talk about the real personal income and durable goods. that is, why? >> what we earn is important to our spending power and standard of living. we are down $4000. and that is real disposable income. and looking over the period of the president's term, we are down $4000 median per household . durable good orders. machines. cars and trucks and planes. down 13 percent. one month that is a decline and that points to recession. >> steve: seems like we are slowing down. over in trouble in europe and nothing on horizon. everybody slog down and america could leave the world out of america could expand and drag the world with it >> eric: personal income is down especially with gas at four bucks a gallon. >> national average 3.80. >> brian: fewer dollars to spend. >> we have food price inflation. our standard of living is declining. are you better off, no. you are not better off. >> steve: stewart i talked to a number of business owners and they were reluctant to hire. if mitt romney is elected president of the united states. wou
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